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All Journal EUGENIA Jurnal Teknik Sipil JOURNAL OF SCIENCE AND SOCIAL RESEARCH JURNAL MERCATORIA Jurnal Borneo Humaniora NOMOI Law Review Narra J Sibatik Journal : Jurnal Ilmiah Bidang Sosial, Ekonomi, Budaya, Teknologi, Dan Pendidikan Journal of Social Research Jurnal Ilmu Hukum, Humaniora dan Politik (JIHHP) International Journal of Application on Economics and Business Jurnal Ar Ro'is Mandalika (Armada) Binamulia Hukum
Robert Robert
FTI Tarumanagara
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Journal : NOMOI Law Review

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ANALYSIS EXECUTION PERIOD RIGHT DEPENDENTS DURING THE INSOLVENCY PERIOD FOR CREDITORS SEPARATIST Gustaf Hutabarat, Andy; Sunarmi, Sunarmi; Robert, Robert
NOMOI Law Review Vol 6, No 1 (2025): May Edition
Publisher : NOMOI Law Review

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30596/nomoi.v6i1.24695

Abstract

Term time execution object right liability regulated in Article 55 paragraph (1) of Law No. 37 of 2004 concerning Bankruptcy and Postponement Obligation Debt Payment . Execution right the responsibility is given term 2 months time after commencement of insolvency as in Article 59 paragraph (1) of Law no. 37 of 2004, term time execution does not provide protection to creditors separatist in carry out his rights , so that creditors separatist can experience loss . This study uses method study legal normative referring to norms law with study library , this research is of a descriptive and method descriptive data analysis qualitative . Research Results find If term the time stipulated in Article 59 paragraph (1) of Law No. 37 of 2004 does not provide protection and justice for creditors separatists , this is supported by auction data in period 2019-2023 period owned by KPKNL Medan and creditor data separatist based on this data, creditors separatist need time up to 3 months up to 4 months to implement execution auction guarantee right liability , because there is requirements administrative as well as procedure bureaucracy that must be passed by creditors separatist.
Co-Authors Adiputra, I Gede Adli Fahmi Lubis, Muhammad Agustono Ariska, Jeffrey Ahmad, Muhammad Taufik Habibillah Ibnu Alvi Syahrin Ayu Wulandari Damanik, Wiwin Bella Azigna Purnama Brodjonegoro, Sakti R. Budi Mulyadi BUDIMAN GINTING Danial, M Meddy Dicky M. Rizal, Dicky M. Dwiaji, Iqbal W. Febriyanto, Toni Gustaf Hutabarat, Andy Helyanto, Helyanto Hendri, Ahmad Z. Heriyanto, Didik S. Hutabarat, Andy Gustaf Hutagalung, Jessica Imelda Putri Johannes E. X. Rogi Lantang, Evayanti Tirtania Liliana, Belinda Luzman, Raedi A. Mahmud Mulyadi MAHMUL SIREGAR Mardiah S. Hardianti N, Jimmy NINGRUM NATASYA SIRAIT Nur Arfian, Nur Nurhayati Nurhayati Pasaribu, Hendri Goklas Pikatan, Narpati W. Pratama, Angga DM. S. D. Runtunuwu Sarpawi, Sarpawi Shaleh, Sabillal Sri Suryawati Sukarja, Detania Sunarmi Sunarmi Utama, Rizki Angga Yefta Pamandungan Yogahutama, Noka